Markets notch small gains as tech stocks rise and Trump delivers mixed signals on tariffs
President Donald Trump said he’s made “200 deals” on tariffs but declined to say with whom.
President Donald Trump said he’s made “200 deals” on tariffs but declined to say with whom.
"Bitcoin Jesus" Roger Ver paid $600K to Trump ally Roger Stone to fight $48M tax fraud case and contest extradition.
Alphabet shares rose Friday after the Google parent posted quarterly results that topped Wall Street expectations amid AI-fueled search advertising growth. Monitor these crucial post-earnings chart levels.
US Energy Sec. Chris Wright and USAFacts founder Steve Ballmer are among those discussing the challenges and opportunities facing the global workforce.
Highlights from Semafor's World Economy Summit
NEW YORK (Reuters) -A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while the prospect of global trade developments threatens to cause volatility at any time. The monthly U.S. employment report, data on first-quarter U.S. economic growth and an inflation update add to the potential market-sensitive events in the coming week, as investors weigh whether the recent strength suggests the worst of a tariff-induced equities tumble is over. With the S&P 500 on pace for a solid week of gains, the U.S. benchmark index has pared its recent slide by about half but remains down some 10% from its February record high.
The stock got a fresh boost on Friday as the US Department of Transportation announced looser rules for self-driving cars.
Shares of transportation and logistics solutions provider Universal Logistics (NASDAQ:ULH) fell 9.1% in the morning session after the company reported weak first-quarter 2025 results, as both revenue and EBITDA fell well below Wall Street's expectations. Sales fell across every major segment: contract logistics, the company's largest line, shrank 18%, while intermodal and trucking dropped nearly 10% and 20%, respectively. Management acknowledged the sluggish start but pointed to improving trends
Shares of cable, internet, and telephone services provider Charter (NASDAQ:CHTR) jumped 11.2% in the afternoon session after the company reported strong first-quarter 2025 results, with earnings and EBITDA exceeding analysts' estimates, signaling improved cost control and solid profit growth. On the other hand, its number of internet subscribers missed. Zooming out, we think this was a decent quarter featuring some areas of strength but also some blemishes.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 10.4% in the afternoon session after the National Highway Traffic Safety Administration (NHTSA), rolled out new rules to speed up the launch of home-built self-driving cars. As part of this push, the group planned to cut red tape in crash reports, making it easier for firms like Tesla to test their autonomous vehicles. NHTSA also wants to stretch an old rule that lets some cars skip standard checks, so more US-made driverless cars can